Vanderbilt University Has $3.53 Million Holdings in Entegris, Inc. (NASDAQ:ENTG)

Vanderbilt University lifted its holdings in shares of Entegris, Inc. (NASDAQ:ENTG) by 29.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 40,302 shares of the semiconductor company’s stock after acquiring an additional 9,051 shares during the period. Vanderbilt University’s holdings in Entegris were worth $3,526,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division grew its position in shares of Entegris by 125.7% during the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company’s stock worth $27,000 after buying an additional 171 shares during the period. Quarry LP acquired a new stake in shares of Entegris during the 4th quarter worth approximately $28,000. Neo Ivy Capital Management bought a new position in Entegris during the 4th quarter worth approximately $34,000. Curat Global LLC bought a new position in Entegris during the 1st quarter worth approximately $39,000. Finally, Proficio Capital Partners LLC bought a new position in Entegris during the 4th quarter worth approximately $42,000.

Entegris Stock Performance

Shares of ENTG opened at $76.24 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.95 and a current ratio of 3.26. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm’s 50 day moving average price is $75.59 and its two-hundred day moving average price is $90.84. The firm has a market cap of $11.54 billion, a P/E ratio of 37.37, a PEG ratio of 1.71 and a beta of 1.24.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.02). Entegris had a net margin of 9.57% and a return on equity of 12.48%. The company had revenue of $773.20 million during the quarter, compared to the consensus estimate of $790.75 million. During the same period in the previous year, the firm posted $0.68 EPS. The business’s quarterly revenue was up .3% compared to the same quarter last year. On average, analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Wednesday, April 30th. Entegris’s payout ratio is currently 19.61%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ENTG. Citigroup reduced their price objective on shares of Entegris from $125.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. KeyCorp reduced their price objective on shares of Entegris from $130.00 to $117.00 and set an “overweight” rating on the stock in a research note on Thursday, May 8th. UBS Group reduced their price objective on shares of Entegris from $90.00 to $85.00 and set a “neutral” rating on the stock in a research note on Thursday, May 8th. Needham & Company LLC reissued a “buy” rating and set a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. Finally, Wall Street Zen lowered shares of Entegris from a “hold” rating to a “sell” rating in a research note on Saturday, April 19th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Entegris presently has an average rating of “Moderate Buy” and an average price target of $113.00.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).